Functions and Relations Question
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Grade 11 Functions and Relations CCSS: HSF-IF.C.7e
What is the rule of 72 for investment returns?
- The rule of 72 states that an investment will double in value in 72 years.
- The rule of 72 states that the number of years it takes for an investment to double in value can be estimated by dividing 72 by the annual rate of return.
- The rule of 72 states that an investment will grow by 72% in a year.
- The rule of 72 states that an investment will triple in value in 72 years.